# Salasar Techno Engineering acquires EMC Ltd for ₹178 crore

Salasar Techno Engineering Ltd formally took over Kolkata-based EMC Ltd (formerly Electrical Manufacturing Company Ltd) through an e-auction, valued at ₹178 crore. The acquisition was announced on April 23, 2024.

- Type: Acquisition
- Announced: 2024-04-23
- Where: Kolkata, India
- Value: $2.13M (178.0M INR)
- Status: completed
- Products: galvanized steel towers, conductors, hardware items
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Salasar Techno Engineering Ltd](https://endata.com/companies/72709.md) (acquirer)
- [EMC](https://endata.com/companies/75978.md) (target)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/city/kolkata/salasar-formally-takes-over-emc-acquisition-valued-at-178-crore/articleshow/109513051.cms), 2024-04-22: "This will mark a significant milestone in the company’s growth trajectory and strategic expansion plans."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.